← Research LibraryThe BriefFY2024 10-K · headline figures audited against SEC data
Borealis Foods' FY2024 revenue fell 7.3% and losses remained large, even as gross margin turned positive and FCF burn narrowed.
The read at a glance✓ Audited against SEC data
- Business mix — Protein ramen and food manufacturingNote
- Revenue — $29.1M, -7.3%Watch
- Net income — -$25.3MWatch
- FCF — -$16.7MWatch
- Gross margin — 7.52%, +1,168 bpsOK
- Insiders — 0 purchases / 0 salesNote
- Accounting — Altman distress; Beneish clean; EQ greyWatch
Business
Borealis Foods is a food science and manufacturing company focused on affordable nutrition, with ramen brands including Chef Woo, Chef Ramsay, Ramen Express, and Woodles.
Leadership changes
From Borealis Foods Inc.'s own filings, the day they're filed.
- Zaure Algaziyeva · directors · appointmenteff. 2026-05-11
- Amin Ajami · director · departureeff. 2026-01-29
- Kanat Mynzhanov · CEO · departureeff. 2025-02-01
Latest filings
- 8-K · Company announcement2026-09-01
- 8-K · Company announcement2026-08-26
- 8-K · Company announcement2026-07-08
- 10-Q · Quarterly report2026-06-30
- 8-K · Company announcement2026-06-30
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Borealis Foods Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.